Himadri Speciality Chemical Ltd (BSE: 500184, NSE: HSCL) has rebounded this week on news getting Worlds 100 Greatest Brand Awards and better quarterly performance. The share prices have rebounded from a recent low of 122 to hit a high of 141.95 before falling back to 133 levels.
The company received the prestigious “World’s 100 Greatest Brands 2017-18 Asia & GCC award at the Fourth Edition of India-UAE Business and Social Forum 2018 & WGBL 4th Edition Summit Award held at Dubai, UAE.
Himadri Speciality Chemical Ltd. is the only company to have received the award in the category of Speciality Chemicals at the event organised by AsiaOne Magazine & URS-United Research Services Media Consulting PL and having PricewaterhouseCoopers PL as the process reviewer of the Award.
In addition, Mr Anurag Choudhary, CEO, Himadri Speciality Chemical Ltd. was recognised as a “World’s 100 Greatest Leaders 2017-18” at the same event that was graced by Indian Consul General to UAE Vipul, several ambassadors, diplomats from countries including Japan, Mexico, Montenegro, Macedonia and several prominent world leaders from India, UAE, Qatar, Singapore and other countries.
Himadri was established in 1990 with headquarters in Kolkata, West Bengal, is the largest vertically integrated speciality carbon company with a market capitalisation in excess of $1bn.
The Q3 FY 18 net profits had grown 248.78% to Rs 70.14 cr while sales rose 44.46% to Rs 500 cr.
The company had empanelled Sagittarius Communications Pvt Ltd for handling its corporate communications, research, content, media relations, follow up stories, coverage tracking etc.